Group Agrees to Buy Albertson's Inc.: Ok Stores Sold to Cerberus Capital
The Journal Record › January 24, 2006
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Summary
A consortium that includes Supervalu, CVS and an investment group headed by Cerberus Capital Management has agreed to buy Albertson's Inc. and its Albertsons stores for a total of $17.4 billion in cash, stock and debt assumption, Cerberus officials said Monday.
The overall deal calls for $9.7 billion in cash and stock and $7.7 billion in Albertson's debt. The transaction is expected to close around the middle of the year.See the full content of this document
Extract
Group Agrees to Buy Albertson's Inc.: Ok Stores Sold to Cerberus Capital
Albertson's Inc. includes 28 stores in Oklahoma and nearly 2,500 food and drug outlets in 37 states. The company h...
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